Tabby Dates App Shark Tank Net Worth
Tabby is a dating app for people who love cats that appeared on Shark Tank in season 13 episode 4. The company was seeking $300,000 for a 20% stake in their business.
As of November 2021, Tabby’s net worth was approximately $1 million. After signing a deal with the sharks, the company’s revenue was only $43,000 and the platform crashed.
What is Tabby Dates App and Who is the Founder of Tabby Dates App?
Tabby Dates App is a dating app specifically designed for cat lovers. Users can create dating profiles where they can discuss everything cat-related and submit photos and interesting facts about their feline companions.
Tabby helps cat owners plan cat-focused dates in their area and is available to download on Android and iOS devices. The app is free to join, but users can upgrade to a premium membership for a monthly fee of $19.99, a three-month fee of $29.99, or a six-month fee of $49.99.
Premium members receive benefits such as unlimited texting, appearing at the top of searches, and exclusive access to cat-related deals and products.
Tabby’s founder is Leigh Isaacson (now D’Angelo), who previously co-founded Dig, a dating app for dog lovers. D’Angelo has a degree in Broadcast Digital Journalism from Syracuse University and currently works as a Sr. Communications Analyst for SAIC in addition to her responsibilities at Tabby and Dig.
The app was launched on August 8, 2020, which is International Cat Day. Tabby is a fork of Dig, and the creators enlisted the help of cat lovers Sterling “TrapKing” Davis and Nathan Kehn to provide “cat cred.”
Tabby Dates App the Shark Tank Pitch
During season 13, episode 4 of Shark Tank, Sterling, Leigh, and Nathan sought a $300,000 investment for a 20% stake in their company, equating to a $1.5 million valuation.
Leigh discussed the challenges that men with cats on their dating profiles face and walked the Sharks through the app, highlighting the profiles, cat section, and social space.
Leigh also mentioned that Tabby is a spin-off of Dig, which is currently in talks with a dog food manufacturer for a potential acquisition.
Nathan and Sterling shared their backgrounds, with Sterling noting that he is one of the few Black individuals involved in cat rescue. Leigh revealed that there are approximately 17 million single cat owners in the United States.
The team was awarded a $50,000 grant from the Million Dollar Dating Project to launch the app, which they did on the project’s platform. However, due to several issues, including its incompatibility with mobile devices, the platform terminated the contract, and they had to rebuild the app from scratch.
Despite having 31,000 users and generating over $43,000 in revenue, the team recognized that their market was much broader than what they had reached thus far.
Mark passed on the opportunity, citing the challenges of scaling an app. Robert appreciated their effort to bring people together but wasn’t interested in investing. Nirav also declined, citing the difficulty of obtaining distribution and breaking through the noise.
Kevin highlighted his substantial BasePaws database of cat owners and offered $300,000 for a 30% stake, to which Leigh countered with 25%. After some negotiation, they settled on 28%, with Kevin exclaiming, “I’m the king of the litter!”
While it is unclear whether the deal was finalized immediately after the pitch, both Kevin and the Tabby team heavily promoted their partnership in the press.
Tabby Dates App Net Worth
Sterling, Leigh, and Nathan appeared on Shark Tank season 13 episode 4 in search of $300,000 for a 20% stake in their company. This translates to a $1.5 million valuation.
On accepting an offer from Kevin of $300,000 for 30%, they valued the company at $1 million.
Tabby Dates App Competitors?
Pupster is also a dog lover dating app like Tabby Dates App, which offers a similar experience.
Tabby Dates App Shark Tank Updates
Tabby is a dating app designed for cat lovers that appeared on Shark Tank Season 13. The app was created by Leigh Isaacson, who previously developed Dig, a dating app for dog lovers. Tabby was launched on August 8, 2020, which is International Cat Day.
During their pitch on Shark Tank, the Tabby team asked for $300,000 for 20% equity, and Kevin O’Leary made a deal for $300,000 for 30% equity.
As of August 2022, the deal with Kevin had not closed. The app has grown to over 50,000 downloads, but it has mostly negative reviews in the Apple app store. The Tabby Instagram account has not been updated since February 2022, and Dig’s Instagram hasn’t been updated since August 2022.
Despite teaming up with RealMe, an online platform that ensured safety for dating app users by allowing users to access background information of potential partners, the app continued to face issues. The app largely received negative reviews in the Apple app store.
In conclusion, Tabby is a dating app for cat lovers that landed a deal with Kevin O’Leary on Shark Tank Season 13. As of August 2022, the deal had not closed, and the app has mostly negative reviews in the Apple app store.
Tabby Dates App Shark Tank Table Summary:
CATEGORY | INFORMATION |
App Description | A dating app specifically designed for cat lovers |
Founder | Leigh Isaacson (now D’Angelo), co-founder of Dig |
Launch Date | August 8, 2020 (International Cat Day) |
Shark Tank Pitch | Sought $300,000 for a 20% stake, accepted $300,000 for 28% |
Shark Tank Outcome | Deal with Kevin O’Leary, which had not closed as of Aug. 2022 |
Net Worth | Approximately $1 million as of Nov. 2021 |
Competitors | Pupster, a dog lover dating app |
Valuation | $1.5 million (pre-deal), $1 million (post-deal) |
Revenue | $43,000 (after signing a deal with the sharks) |
Premium membership fees | Monthly fee of $19.99, Three-month fee of $29.99, Six-month fee of $49.99 |
Issues faced | Compatibility with mobile devices, Negative reviews in Apple app store |
Tabby Dates App FAQS
What Is Tabby Dates App And How Does It Work?
Tabby is a dating app designed for cat lovers that helps them meet like-minded individuals for love and relationships. The app was created by sisters Leigh and Casey Isaacson, who also developed the dating app Dig for dog lovers.
According to the app’s research, it is difficult for people with cats to find a date, as they are often overlooked and assumed to be “loners”. Tabby Dates aims to help those individuals find their perfect partner who are also cat lovers.
To use the app, users can download it from the App Store or Google Play. Once downloaded, they can create a profile that includes their username, profile title and narrative, location, age, and information about their cat/s.
The profile information is not very detailed, but just enough to know something important about the person you are attracted to. Users can then browse through other profiles and swipe right to like or left to pass. If two users like each other, they can start chatting and plan cat-friendly dates.
The app also offers deals from cat companies and allows users to share videos, photos, and stories about their cats.
Tabby was launched on August 8, 2021, which is International Cat Day. The app has received mixed reviews on the Apple app store.
However, the app landed a deal with Kevin O’Leary on Shark Tank Season 13. As of August 2022, the deal had not closed.
Who is the founder of Tabby Dates App?
Leigh Isaacson (now D’Angelo) developed Tabby. Prior to Tabby, D’Angelo co-founded Dig, a dating service for dog lovers.
What Was The Outcome Of Tabby Dates App Shark Tank Pitch?
Tabby, the dating app designed for cat lovers, appeared on Shark Tank Season 13 and landed a deal with Kevin O’Leary. The founders of Tabby, Sterling Davis, Leigh Isaacson, and Nathan Kehn, asked for $300,000 for 20% equity, and Kevin offered $300,000 for 30% equity, which they accepted.
Kevin became the owner of 30% equity in the app, and the company had not raised equity investment before. The app had revenue of $43,000 at the time of the deal, with $17,000 coming from the $19.99 monthly subscription and $25,000 from an integration partner.
However, the app has mostly negative reviews on the Apple app store. The founders of Tabby have not been actively marketing the app and have instead focused on their other platform, Dig, which is a dating app for dog lovers.
The current net worth of Tabby is unknown, as there is no information available on the earnings report of the company.
Did Tabby Dates Get A Deal On Shark Tank?
Yes, Tabby Dates App did get a deal on Shark Tank. The company was seeking $300,000 for a 20% stake in their business and ended up receiving $300,000 for 30% equity from Kevin O’Leary.
The app is designed for cat lovers to connect and share their love for felines. Kevin became the owner of 30% equity in the app, and the company had not raised equity investment before.
The app’s revenue was $43,000 at the time of the deal, and it had over 50,000 downloads. The app is available on iOS in the App Store and on Google Play.
What Happened To Did Tabby Dates After Its Appearance At Shark Tank?
After appearing on Shark Tank, Tabby, the dating app for cat lovers, received a deal from Kevin O’Leary for $300,000 for 30% equity in the company. However, as of August 2022, the deal had not closed. The app has received mixed reviews on the Apple app store.
The Tabby Instagram account has not been updated since February 2022, and Dig’s Instagram hasn’t been updated since August 20222. Kevin became the owner of 30% equity in the app, and the company had not raised equity investment before.
The app’s revenue was $43,000 at the time of the deal, and it had over 50,000 downloads. The app is available on iOS in the App Store and on Google Play.
How much was she seeking in the Shark Tank?
Leigh and her partners was asking $300,000 for a 20% stake in Tabby. This translates to a $1.5 million valuation.
Is the tabby app free?
Tabby is set free from the start! They are invited to register and use the app for free to meet other cat lovers.
After they’ve downloaded the app, they may upgrade to a VIP memPURRship to gain access to premium features.
How does tabby make money?
The firm generates revenue by charging merchants a commission on all purchases generated by its platform.
It claims that integrating its payment solution may help retailers raise conversion rates by more than 20% and transaction quantities by 30 to 85 percent.
What is the required minimum age?
Tabby’s minimum age requirement is 18 years old.
How much does costs?
The monthly membership fee is $19.99, the three-month fee is $29.99, and the six-month fee is $49.99.
What does the app claim it does?
Tabby claims that it connects cat lovers to share their passion for felines. The app may assist cat owners in planning cat-centred dates in their region.
It may also help singles and couples find a companion, friend, or partner while they enjoy a variety of activities and interests such as movie watching, playing games, dining out, and visiting art galleries.
What episode was Tabby Dates App featured?
Tabby was featured on Shark Tank season 13 episode 4.
How can they download the App?
The app is available for download on iOS in the App Store and on Google Play for Android.
When was Tabby Dates App aired?
Tabby Dates App was aired on November 29th, 2021.
Is there another app like Tabby Dates App?
Pupster is another dog lover dating app.
When was Tabby Dates App founded?
They will be unveiled on August 8, 2020, which is International Cat Day.